Associated Press

Denver Broncos punter Britton Colquitt laughs as he walks onto the field for training camp July 26 in Englewood, Colo. (AP Photo)

ENGLEWOOD, Colo. — The Denver Broncos and punter Britton Colquitt on Sunday agreed on a three-year contract extension through 2016.

Colquitt is the franchise leader in career gross (46.1 yards) and net (39.5) punting average. In 48 regular-season games, he’s had 79 punts inside the 20 with just 18 touchbacks. In three playoff games, he has placed five of 16 punts inside the 20 with no touchbacks.

ESPN’s Adam Schefter reported that the extension is worth $11.7 million, averaging $3.9 million per year.

Colquitt signed with Denver in 2009 after averaging 42.6 yards at Tennessee, where he was a two-time All-Southeastern Conference selection.

His brother Craig, brother Dustin and uncle Jimmy punted for the Volunteers and went on to punt in the pros.